Cryptocurrency

In fact in the past month, Bitcoin prices have cooled off to a 6 month low.

Regardless, the demand for acquiring Bitcoin as a vehicle for long-term financial gains is still high. And with the volatility of Bitcoin prices versus the US Dollar, potential investors like us are seeking other options to increase our Bitcoin balances without risking our hard earned cash.

Recently I decided to test out the process of purchasing cryptocurrency through Coinbase. I have written this article for those of you who are considering the Coinbase platform, so that you can get a headstart in your crypto-investment journey. Read on to find out about my experiences as a first time user of the Coinbase exchange, I have also included the key benefits and limitations of the Coinbase platform (take note Aussies, there’s one limitation in particular that may impact you!).

You’ve seen Bitcoin creating overnight millionaires on the news, and you want your slice of the pie…..heck, don’t we all!

Unfortunately making a killing from Bitcoin is not always quite that simple.

Investing in any cryptocurrency requires you to trade your own hard-earned cash. In fact, it takes quite a lot of the ‘conventional’ coins that we know as dollars and cents to purchase just a single Bitcoin. To be precise, at the time of writing, it was $11,000 US dollars per Bitcoin.